Lithuania: Market for Mattresses of cellular rubber or plastics 2024

Market Size for Mattresses of cellular rubber or plastics in Lithuania

The Lithuanian market for mattresses of cellular rubber or plastics shrank dramatically to $X in 2022, with a decrease of -59.7% against the previous year. In general, consumption saw a noticeable reduction. As a result, consumption reached the peak level of $X, and then contracted dramatically in the following year.

Production of Mattresses of cellular rubber or plastics in Lithuania

In value terms, production of mattresses of cellular rubber or plastics dropped dramatically to $X in 2022 estimated in export price. Over the period under review, production recorded a sharp slump. The pace of growth was the most pronounced in 2021 when the production volume increased by 57,961,300%. Production of peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Mattresses of cellular rubber or plastics

Exports from Lithuania

In 2022, exports of mattresses of cellular rubber or plastics from Lithuania reduced sharply to X units, with a decrease of -31.9% against the previous year. Over the period under review, exports recorded a pronounced slump. The growth pace was the most rapid in 2016 with an increase of 346%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of mattresses of cellular rubber or plastics shrank notably to $X in 2022. Overall, exports continue to indicate a perceptible descent. The pace of growth appeared the most rapid in 2016 when exports increased by 208%. Over the period under review, the exports of attained the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X units) was the main destination for exports of mattresses of cellular rubber or plastics from Lithuania, with a 47% share of total exports. Moreover, exports of mattresses of cellular rubber or plastics to Sweden exceeded the volume sent to the second major destination, Norway (X units), fourfold. The third position in this ranking was taken by Poland (X units), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden stood at +16.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+2.1% per year) and Poland (-16.4% per year).

In value terms, Sweden ($X) remains the key foreign market for mattresses of cellular rubber or plastics exports from Lithuania, comprising 47% of total exports. The second position in the ranking was taken by Norway ($X), with a 12% share of total exports. It was followed by Poland, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Sweden totaled +19.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+5.1% per year) and Poland (-13.9% per year).

Export Prices by Country

The average export price for mattresses of cellular rubber or plastics stood at $X per unit in 2022, with an increase of 8.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2017 when the average export price increased by 37% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Finland ($X per unit) and Belarus ($X per unit), while the average price for exports to the UK ($X per unit) and Kazakhstan ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mattresses of cellular rubber or plastics

Imports into Lithuania

In 2022, after two years of growth, there was significant decline in overseas purchases of mattresses of cellular rubber or plastics, when their volume decreased by -48% to X units. Overall, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2016 when imports increased by 117%. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of mattresses of cellular rubber or plastics declined notably to $X in 2022. Over the period under review, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 94%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, Poland (X units) constituted the largest mattresses of cellular rubber or plastics supplier to Lithuania, with a 56% share of total imports. Moreover, imports of mattresses of cellular rubber or plastics from Poland exceeded the figures recorded by the second-largest supplier, Latvia (X units), threefold. Romania (X units) ranked third in terms of total imports with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland stood at +51.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (+14.0% per year) and Romania (+29.1% per year).

In value terms, Poland ($X) constituted the largest supplier of mattresses of cellular rubber or plastics to Lithuania, comprising 56% of total imports. The second position in the ranking was held by Latvia ($X), with a 20% share of total imports. It was followed by Romania, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland amounted to +51.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (+14.1% per year) and Romania (+29.0% per year).

Import Prices by Country

The average import price for mattresses of cellular rubber or plastics stood at $X per unit in 2022, jumping by 40% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per unit) and Denmark ($X per unit), while the price for Estonia ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+0.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform